Binance allows Pix for payments in cryptocurrencies; understand
On this Tuesday (20), the cryptocurrency trading platform, Binance, announced the integration of Pix into the Binance Pay payment solution.
Now, instant payments and transfers in reais using cryptocurrencies will be allowed. That is, the value of the digital asset in the user's wallet is instantly converted into Brazilian currency.
The news allows the conversion of more than 100 cryptocurrencies, including bitcoin and ethereum.
The operation will be carried out by Z.ro Bank. According to Richard Teng, CEO of Binance, the measure marks a breakthrough in the speed and accessibility of Brazil's instant payment system.
"This synergy empowers users with real-time transactions and without complications, enhancing the experience with cryptocurrencies and driving financial inclusion to new levels," he says.
According to the research "Brazilians and Their Relationship with Money," published by the Central Bank, Pix is already used by 76.4% of the Brazilian population.
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